Search found 554 matches

by Dave55
Tue Nov 12, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: Los Angeles to San Francisco Roadtrip
Replies: 29
Views: 1922

Re: Los Angeles to San Francisco Roadtrip

Route 1 Pacific Coast Highway from San Francisco to Santa Cruz is just gorgeous. If you stop in Carmel, park your car on Scenic Road around or south of 8th street. You can go down to the beach or walk along Scenic Road which follows the beach and coast, great views. There is another great walk along...
by Dave55
Sun Nov 10, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 101
Views: 6005

Re: If you were forced to pick an alternative asset...

2nd deeds of trust in CA. Last I heard (4 years ago) they were paying 7%-12%. There are private pools that loan money for home renovations in the Los Angeles area to general contractors. They also pay handsomely depending on the risk level.


Dave
by Dave55
Sat Nov 09, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

"Live By Night" by Dennis LeHane. 1920's gangsters, in Boston, was also made into a film with Ben Affleck. As with all Dennis LeHane's work, very well written, page turner.


Dave
by Dave55
Sat Nov 09, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10454

Re: Seller's agent not letting us use a buyer's agent

If you had a Buyer's Agent, they should have been with you from the first visit. You were asked if you had an agent, and you said no. For what purpose would you use a Buyer's Agent at this point? Negotiating? Hire a real estate attorney, which you should do before you sign anything. We visited prob...
by Dave55
Mon Nov 04, 2019 5:49 pm
Forum: Personal Investments
Topic: Why can't I break up with Wellington? (Roth Conversion question)
Replies: 17
Views: 2165

Re: Why can't I break up with Wellington? (Roth Conversion question)

We are retiring in 2020 and want to maintain a 60/40 asset allocation. Our portfolio is all at Vanguard, divided between taxable, SEP IRA, His Roth, Her Roth, Her TIRA, most in basic VG 3/4 Lazy Portfolio funds, except for a tiny bit in VWELX, keep reading... I just did my very first Roth Conversio...
by Dave55
Sun Nov 03, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

I read the new Jack Reacher book released earlier this week, "Blue Moon" by Lee Child. Classic Reacher, a little more action and killing than usual, but very entertaining. Dave I finished Blue Moon last night. I can't recommend it. I've been reading Lee Child for over 20 years. He's extremely talen...
by Dave55
Thu Oct 31, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12463

Re: Possible Layoff: Need Assurance That We Will Be Okay

My employment situation has suddenly become more uncertain. It is possible that I will get laid off or asked to relocate to a city that I do not want to go to. Accordingly, my question to you is: If I lose my employment, and even if I do not receive any sort of severance package, will we be okay? H...
by Dave55
Wed Oct 30, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

I read the new Jack Reacher book released earlier this week, "Blue Moon" by Lee Child. Classic Reacher, a little more action and killing than usual, but very entertaining.

Dave
by Dave55
Tue Oct 29, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Folks age between 65-70. What’s your exercise routine
Replies: 44
Views: 4461

Re: Folks age between 65-70. What’s your exercise routine

Daily 3-4 mile brisk walks and 10-20 minutes of Tai Chi.


Dave
by Dave55
Thu Oct 24, 2019 7:08 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11632

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by Dave55
Thu Oct 24, 2019 6:43 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11632

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by Dave55
Thu Oct 24, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11632

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by Dave55
Thu Oct 24, 2019 8:55 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11632

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by Dave55
Thu Oct 24, 2019 7:59 am
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11632

Re: Inside Fisher Investments

I'd be curious to hear from someone who was actually a Ken Fisher client. We see a lot of posts from refugees fleeing Ed Jones, Raymond James, Merrill Lynch, Wells Fargo advisors. I don't recall anyone posting about their Ken Fisher experience. Maybe his clients are so satisfied they don't leave or...
by Dave55
Tue Oct 22, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 9837

Re: Advice: Windfall Makes Working Worse Than Not Working

Last year I somewhat faced this as my company went IPO and I ended up with a $6M 2018 W2, and thus a ~600k CA State Tax bill. I had a lot less warning on moving (IPO was announced mid-2018 so had already worked in the state) and I really wanted to stay in the area. Ultimately though the easiest mat...
by Dave55
Tue Oct 22, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]
Replies: 65
Views: 5863

Re: Buying after PR Crisis [Public Relations Crisis (Boeing 737 Max)]

If a company has a bad PR crisis such as Boeing with the 737 max, is that a good time to invest after the stock dips. What are some good things to look at that may help predict if the stock will recover. Mutual Funds, Pension funds, Hedge Funds all spend millions on research, (consult their oracles...
by Dave55
Tue Oct 22, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Living life post smart phone
Replies: 68
Views: 5716

Re: Living life post smart phone

1) Morning: check smart phone. Then put on airplane mode. 2). Lunch: Take off airplane mode. Check new voice mails and texts. Respond as necessary or desired. Put back on airplane mode. 3). Evening: repeat lunch routine. This approach is little different than having a landline with voice mail that ...
by Dave55
Mon Oct 21, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 64
Views: 7497

Re: Beach City / Town in Florida

Considering moving to Florida to retire. WIfe and I would like a walkable to restaurants town, with relatively close proximity to the beach. Sarasota and Naples are on our list. Would appreciate perspective of what it is like to live there and recommendations of other cities we may not be aware of....
by Dave55
Mon Oct 21, 2019 1:22 pm
Forum: Personal Investments
Topic: Investing in equities in EDJ as cheaply as possible
Replies: 21
Views: 1306

Re: Investing in equities in EDJ as cheaply as possible

I recently inherited some individual stocks and municipal bonds that are in Edward D. Jones. I know it is better to be in a less expensive investment, but I am trying to remain on this EDJ agent's good graces because he looked out for my interests in even inheriting this account and he said he woul...
by Dave55
Mon Oct 21, 2019 12:00 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12087

Re: High income earner waiting for a bear market to start investing

Hi guys, thanks so much for all the input I read everything and appreciate all the ideas, and find funny the trolling comment but its understandable. So let me clear up a few things. - I lived in debt my whole life. My parents believed in using debt to fund anything and everything and had no proble...
by Dave55
Mon Oct 21, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

"Knots and Crosses" by Ian Rankin, the first book of 22 in the (Police Detective) John Rebus series. All take place in Edinburgh, Scotland. "The Night Fire" by Michael Connelly is out tomorrow. This is a Harry Bosch/Renee Ballard mystery. I love the Bosch series and anything by Michael Connelly. Dave
by Dave55
Fri Oct 18, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

"The Trespasser" by Tana French. This is the 6th book in the Dublin Murder Squad series and my favorite so far. I have been binge reading the series, finding that each book is better than the last one, with the exception of the 5th book which was my least favorite story. Tana's writing throughout th...
by Dave55
Wed Oct 16, 2019 7:03 pm
Forum: Personal Investments
Topic: Cash basically sitting uninvested. What to do?
Replies: 40
Views: 3632

Re: Cash basically sitting uninvested. What to do?

Hi All - So I have a significant chunk of cash sitting relatively idle right now (its in an online savings account earning 1.7%). I know I should invest it but basically have been sitting idle with it for, I'm embarrassed to say, about 2 years. I basically missed the current boom with it, but I'm s...
by Dave55
Thu Oct 10, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Overland brand slippers for cold feet?
Replies: 17
Views: 1302

Re: Overland brand slippers for cold feet?

I have been in several of the Overland stores and I did buy a pair of UGG slippers that were sheepskin and very warm. The Overland brand items all looked very good too.

Dave
by Dave55
Wed Oct 09, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

"The Secret Place" by Tana French, the 5th book in the Dublin Murder Squad series.


Dave
by Dave55
Wed Oct 09, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: When to put on new roof?
Replies: 34
Views: 2815

Re: When to put on new roof?

We will soon need to replace the roof on our house (almost 40 years since we did the current roof). With, probably, a degree of flexibility, are there better times/seasons to do this? The two (probably equal to me) considerations I can think of are: 1. Getting a lower price to have the work done - ...
by Dave55
Tue Oct 08, 2019 5:07 pm
Forum: Personal Investments
Topic: New investor... Am I crazy?
Replies: 42
Views: 4035

Re: New investor... Am I crazy?

Hey all, Brand new to the forum, and still trying to absorb the wealth of information available here! I recently cashed out on the family business, and I am trying to figure out a good strategy that will allow me to retire in the next year or two... Please humor me, and of course, feel free to tras...
by Dave55
Sun Oct 06, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8190

Re: Psychologically adverse to start drawing down in retirement

The purpose of saving the money was to spend it in retirement. If you don't start spending it you wasted your life accumulating it. But you can fix that problem starting now. If you are worried about spending it too fast you can baseline a simple estimate such as spending 4% of the initial retireme...
by Dave55
Sun Oct 06, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Psychologically adverse to start drawing down in retirement
Replies: 82
Views: 8190

Re: Psychologically adverse to start drawing down in retirement

In one of the investing books I read it said something like; "Your money WILL be spent there is no getting around that. Either you will spend it, your heirs will spend it, or the government will tax and spend it. Even with extremely large estate the money is typically spent within about two generat...
by Dave55
Fri Oct 04, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: At wits end with mortgage company issues
Replies: 74
Views: 5600

Re: At wits end with mortgage company issues

When I have these types of issues, I get on the web and the find the company's info. I look for the senior executives and contact them directly. If their email address is not their, I guess at it. John_Executive@mortgagecompany.com, John.Executive@mortgagecompany.com, JExecutive@mortgagecompany.com...
by Dave55
Mon Sep 30, 2019 8:35 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4792
Views: 1247214

Re: What Movie Have You Recently Watched?

I saw these 5 in the theater last week. 1. Linda Ronstadt: The Sound of My Voice - fabulous documentary about her life and music. Highly recommended. 2. Miles Davis Birth of the Cool - documentary about his life and music. A must for any jazz fan. 3. Downton Abbey - well done, entertaining worth see...
by Dave55
Tue Sep 24, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

I just finished the 2nd book in the Dublin Murder Squad series, "The Likeness" by Tana French. I liked it more than the first book of the series, "In The Woods". It was a fabulous read, and a riveting page turner. I just began the 3rd in the series, "Faithful Place". Dave I have read them all. IMO,...
by Dave55
Tue Sep 24, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11228

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

confusedinvestor wrote:
Tue Sep 24, 2019 9:40 am
Hi Dave, I posted my update, glad I took BH advises and gave early notice.
Dave55 wrote:
Mon Sep 23, 2019 10:00 am


Let us know how it goes and Good Luck!

Dave
Sounds good confusedinvestor, best wishes for a smooth transition!

Dave
by Dave55
Mon Sep 23, 2019 1:40 pm
Forum: Personal Consumer Issues
Topic: Buying a home with unpermitted addition
Replies: 59
Views: 6215

Re: Buying a home with unpermitted addition

My wife and I are interested in buying a home in an HOA. Two owners ago, the owner was a contractor who built an additional room without reporting it to the HOA or the county. The work was done over 10 years ago, and apparently there have been no issues. But it was done without permits, inspections...
by Dave55
Mon Sep 23, 2019 10:57 am
Forum: Personal Investments
Topic: Real Estate investment college town condo?
Replies: 22
Views: 1742

Re: Real Estate investment college town condo?

I personally don’t want to get involved with but my wife thinks we’d save money and/or make money if we bought a rental property near Clemson university. Our daughter currently rents and will be there for 3 additional years. Nice rental 3 bedrooms condos that will sell for $130-140K and would be ab...
by Dave55
Mon Sep 23, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11228

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

This. Thanks Cj. Yes, I do plan on giving notice tomorrow via email to my manager. and I will followup tomorrow what my manager / outsourced company may take actions on me in next few days. I'm in CA and I am not on PIP, so I don't know if they could just let me go tomorrow w/o any severance - I do...
by Dave55
Sat Sep 21, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: Retirement - Living in Colorado
Replies: 57
Views: 9868

Re: Retirement - Living in Colorado

delete
by Dave55
Fri Sep 20, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Help! Bought new car and don't like it
Replies: 37
Views: 6778

Re: Help! Bought new car and don't like it

Though have posted elsewhere on the site in a manner that would identify the vehicle, I am not trashing it as a vehicle, just stating it is not right for me. Bought a new (2019) vehicle more than a week ago, so it is beyond the legal time during which it can be returned. Was purchased with a trade-...
by Dave55
Fri Sep 20, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Retirement - Living in Colorado
Replies: 57
Views: 9868

Re: Retirement - Living in Colorado

delete
by Dave55
Fri Sep 20, 2019 9:42 am
Forum: Investing - Theory, News & General
Topic: Explaining the Stock Market to Big Cat
Replies: 1
Views: 603

Explaining the Stock Market to Big Cat

This is a succinct summary of the stock market from Ben Carlson's commentary today titled, "Explaining the Stock Market to Big Cat".

https://awealthofcommonsense.com/2019/0 ... o-big-cat/


Dave
by Dave55
Fri Sep 20, 2019 9:21 am
Forum: Personal Investments
Topic: Is private wealth management worth it?
Replies: 47
Views: 6128

Re: Is private wealth management worth it?

So I'm about to sell my business to private equity which will put about 20M in my bank account after taxes. There are people telling me that I should talk to private wealth management folks at goldman sachs and the like. Has anyone had any experiences that might help me understand the pros and cons...
by Dave55
Thu Sep 19, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 73
Views: 9576

Re: wild caught sockeye salmon

From time to time I bought Salmon from Vital Choice, was always delicious.
https://www.vitalchoice.com
I also buy from Whole Foods - their farmed Atlantic is also very good.

Dave
by Dave55
Thu Sep 19, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49739

Re: Selling home- Demanding Buyer (Repairs)

Thanks all. Aren't most of the offers that I am going to get have a contingency of selling their own home? I'll talk to my agent in a bit, but just wanted to get other feedback. Having sold 5 homes in the past 30 years, only 1 had a contingency of selling their own home. My wife's best friend has b...
by Dave55
Wed Sep 18, 2019 7:00 pm
Forum: Personal Investments
Topic: Investing in an apt complex through a real estate equity firm
Replies: 40
Views: 2502

Re: Investing in an apt complex through a real estate equity firm

I have invested in dozens of these deals over a 20 year period. The first question to ask is, "What can go wrong in this deal"? The correct answer is "Everything". The firm may have a stellar track record for these types of deals. The return(s) that your friend shared with you are projections, they ...
by Dave55
Wed Sep 18, 2019 6:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4110
Views: 1172209

Re: What Book Are You Currently Reading? Part VI

I just finished the 2nd book in the Dublin Murder Squad series, "The Likeness" by Tana French. I liked it more than the first book of the series, "In The Woods". It was a fabulous read, and a riveting page turner. I just began the 3rd in the series, "Faithful Place". Dave I have read them all. IMO,...
by Dave55
Wed Sep 18, 2019 5:38 pm
Forum: Personal Investments
Topic: [Convince Me that Wellesley is the only fund I need in retirement]
Replies: 23
Views: 2436

Re: [Convince Me that Wellington is the only fund I need in retirement]

Hey All, I like to keep it simple, very simple. I'm looking at just one fund for retirement, VWIAX. I would like you guys/gals to try to convince me this is not a good approach. Assumptions: 65yr old retiree No longer working. No earned income Preserve capital. Some growth to keep up with inflation...